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Tag Archives COVID-19

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General

COVID-19 and farm workers: How do we manage on the farm?

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Keeping up to date with COVID-19 details and recommended protocols is challenging for everyone at this time. CAHRC has created a dedicated web page with the latest information, recommendations, employee management tips, tools (posters, policies) and links to authorities. These details will help you respond to the pandemic and limit the impact and spread of […] Read more
Oil is an “imperfect barometer” for how other commodities will perform, FCC’s J.P. Gervais says. (Screengrab from Farm Credit Canada video via YouTube)
General, Machinery, Markets

Impacts on ag expected as COVID-19 rocks markets

Farmers urged to manage expenses

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Stocks continuing to plunge during the COVID-19 coronavirus pandemic have left agricultural producers in Canada concerned about the potential impact. Thursday marked the biggest drop in Canadian stocks in 80 years, highlighted by many economists warning the country is on the brink of recession. Beyond growing fears of COVID-19’s economic impact, oil and gas stocks […] Read more
An image created by Nexu Science Communication, together with Trinity College in Dublin, shows a model structurally representative of a betacoronavirus, the type of virus linked to COVID-19. (Nexu Science Communication via Reuters)
General, Markets

Fraser: What will be the long-term impact of COVID-19?

Analysis: A pandemic runs the risk of driving nations further apart

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As developments around the COVID-19 coronavirus change rapidly, I can’t help but speculate on the longer-term effects of it. By now, much has been made of the economic impact it — alongside the Saudi Arabia-Russia oil trade war — will have on global economies. While it’s guesswork to estimate the total impact without knowing how […] Read more
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Crops

Ag chem industry watching COVID-19’s spread

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MarketsFarm –– China is a major producer of agricultural chemicals — and disruptions to production would have a ripple effect on North American supplies of crop protection inputs, such as herbicides and insecticides. Plant closures and transportation issues due to the spread of COVID-19 coronavirus are being followed closely, but the Canadian industry is reportedly […] Read more
CBOT May 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy, wheat, corn up on economic stimulus hopes

Recovery continues off COVID-19-related pressure

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Chicago | Reuters — U.S. grain and soybean futures rose on Tuesday on technical buying and expectations for a co-ordinated global effort to offset the economic impact of the coronavirus outbreak. The U.S. Federal Reserve cut interest rates in an emergency move designed to shield the world’s largest economy from the COVID-19 virus, whose global […] Read more
Federal Agriculture Minister Marie-Claude Bibeau speaks to media in Winnipeg on Feb. 13, 2020. (Dave Bedard photo)
Canola, Crops, Markets, Reuters

Coronavirus stalls talks with China on canola ban

Officials 'not in position to pursue technical discussions,' Bibeau says

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Ottawa | Reuters — The coronavirus outbreak has stalled talks between Canada and China about Beijing’s decision to block Canadian canola seed shipments, Agriculture Minister Marie-Claude Bibeau said Friday. China, angry at Canada’s detention of a top Huawei Technologies executive in December 2018, blocked all imports of canola seed last March on the grounds they […] Read more
CME April 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Cattle rise on broad commodity strength

Nearby hogs down on weak cash values

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Chicago | Reuters — U.S. live cattle futures closed higher on Wednesday, bouncing off a four-month low on bargain buying along with broad-based strength in equity and commodity markets as fears subsided about the impact of the COVID-19 coronavirus outbreak in China. The benchmark April live cattle futures contract on the Chicago Mercantile Exchange (CME) […] Read more

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